Frontier Communications Parent Inc (FYBR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -322,000 | 29,000 | 441,000 | 4,955,000 | -402,000 |
| Revenue | US$ in thousands | 5,873,000 | 5,751,000 | 5,787,000 | 6,411,000 | 7,155,000 |
| Net profit margin | -5.48% | 0.50% | 7.62% | 77.29% | -5.62% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-322,000K ÷ $5,873,000K
= -5.48%
Based on the provided data, Frontier Communications Parent Inc's net profit margin experienced significant fluctuations over the five-year period from 2020 to 2024. The net profit margin was negative in 2020 at -5.62%, indicating that the company incurred losses relative to its revenue during that year.
However, in 2021, Frontier Communications Parent Inc's net profit margin saw a substantial improvement, reaching 77.29%. This sharp increase suggests a significant turnaround in the company's profitability, with a high percentage of revenue translating into net income.
In 2022, the net profit margin decreased to 7.62%, indicating a reduction in the profitability compared to the previous year. The decline could be attributed to various factors such as increased expenses or changes in revenue streams impacting the company's bottom line.
In 2023, the net profit margin further dropped to 0.50%, signaling a narrowing of the profit margin and possibly highlighting challenges faced by Frontier Communications Parent Inc in maintaining profitability.
The trend continued in 2024, where the net profit margin turned negative again at -5.48%. This negative margin implies that the company once more experienced losses relative to its revenue.
Overall, the fluctuations in Frontier Communications Parent Inc's net profit margin over the five-year period indicate a volatile profitability trend, with significant improvements followed by declines. It is crucial for the company to closely monitor its expenses, revenue streams, and overall financial performance to sustain and enhance its profitability in the future.
Peer comparison
Dec 31, 2024